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IMF upgrades Japan's growth forecast to 0.7% for 2020

Business / Economy Jan 21, 2020

IMF upgrades Japan's growth forecast to 0.7% for 2020

The International Monetary Fund is forecasting that Japan's economy will grow 0.7 percent this year, up 0.2 percentage point from its earlier estimate due to stimulus measures to mitigate the impact of the Oct. 1 consumption tax hike. The Washington-based institution also said global growth ...

China's GDP growth for 2019 slowest in three decades at 6.1%

Business / Economy Jan 17, 2020

China's GDP growth for 2019 slowest in three decades at 6.1%

China's economy weakened to deliver its slowest pace of growth in three decades in 2019, as weaker domestic demand and trade tensions with the United States took their toll, official data showed Friday. Gross domestic product for the world's second-largest economy grew by 6.1 percent ...

Davos bosses sound alarm over climate and political fires

Business / Economy Jan 16, 2020

Davos bosses sound alarm over climate and political fires

Business chiefs on Wednesday insisted they are not waiting on bickering governments to fight climate change, after Wall Street titan BlackRock joined a campaign pressuring companies to do more in the buildup to a week of networking in Davos, Switzerland. Prior to the new decade's ...